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Morning mooers! Happy Tuesday, May 28th. The market is open after a three-day holiday in memory of those who gave their lives for the U.S. The Nasdaq broke records Tuesday, jumping over 17k for the first time.
My name is Kevin Travers, the moomoo news team is working remotely this week, and here are stories from the herd on Wall Street today:
$NVIDIA (NVDA.US)$ hit fresh highs Tuesday, up 4% in part after XAI, Elon Musk's AI startup, ann...
My name is Kevin Travers, the moomoo news team is working remotely this week, and here are stories from the herd on Wall Street today:
$NVIDIA (NVDA.US)$ hit fresh highs Tuesday, up 4% in part after XAI, Elon Musk's AI startup, ann...
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Monring mooers! It is Friday, May 24th, the eve of Memorial Day weekend here in the U.S. The tech sector is in the green, the market is climbing. My name is Kevin Travers, I am writing from the beach today: here are stories moving the market.
$Magnite (MGNI.US)$ climbed about 14% after a Bank of American Research upgrade to buy. The stock was the highest advancer on the S&P 500.
$Intuit (INTU.US)$ was the lowest decliner on t...
$Magnite (MGNI.US)$ climbed about 14% after a Bank of American Research upgrade to buy. The stock was the highest advancer on the S&P 500.
$Intuit (INTU.US)$ was the lowest decliner on t...
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Morning mooers! Ominous thunderstorms roared into Jersey City Thursday May 23rd, while the market hit fresh highs after $NVIDIA (NVDA.US)$ reported Q1 earnings that beat expectations Wednesday, sending the stock up 9%.
The firm showed earnings of $6.12/share compared to expectations of $5.59. Revenue came in at $26B in the quarter,boosted by data center revenue, which made up most of the firm's profit, coming in at $22.5B. ...
The firm showed earnings of $6.12/share compared to expectations of $5.59. Revenue came in at $26B in the quarter,boosted by data center revenue, which made up most of the firm's profit, coming in at $22.5B. ...
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Morning mooers! It is Wednesday May 22, the market is cautiously flat, awaiting Nvidia earnings after market closes.
My name is Kevin Travers, and here are the stories moving on Wall Street Today:
$Target (TGT.US)$'s fiscal first-quarter earnings missed Wall Street's estimates by 3C, and were 1% below last year's $2.05. Shares in the firm fell 8% in early trading, the lowest decline on the S&P 500.
The largest gainer on the S&P 50...
My name is Kevin Travers, and here are the stories moving on Wall Street Today:
$Target (TGT.US)$'s fiscal first-quarter earnings missed Wall Street's estimates by 3C, and were 1% below last year's $2.05. Shares in the firm fell 8% in early trading, the lowest decline on the S&P 500.
The largest gainer on the S&P 50...
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US Stock Market Review 13 - 17 May 2024
$Dow Jones Industrial Average(.DJI.US$ +1.24%, $S&P 500 Index(.SPX.US$+1.54%, $Nasdaq Composite Index(.IXIC.US$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index(.SPX.US$ compa...
$Dow Jones Industrial Average(.DJI.US$ +1.24%, $S&P 500 Index(.SPX.US$+1.54%, $Nasdaq Composite Index(.IXIC.US$+2.12%. DJIclosed above the key 40,000 level for the first time ever.
Major economic data last week, CPI and retail sales showed weaker than expected result, ignited speculations that the economy is cooling, elevating chances for the Fed to cut rates in the next few months
Over 90% of the $S&P 500 Index(.SPX.US$ compa...
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$NVIDIA(NVDA.US$ option traders are piling on bullish call options ahead of earnings, with analysts expecting the biggest beneficiary of increasing investments in artificial intelligence to deliver results that will blow past estimates.
The chipmaker that powers generative AI has seen its stock triple in the past year as the company's financial results blew past estimates. In its fiscal fourth quarter that ended Jan. 31, revenue reach...
The chipmaker that powers generative AI has seen its stock triple in the past year as the company's financial results blew past estimates. In its fiscal fourth quarter that ended Jan. 31, revenue reach...
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ColumnsWhat to Expect in the Week Ahead (NVDA, PANW, and TGT Earnings; Home Sales Data and Fed's Minutes)
Earnings Preview: Palo Alto Networks, Nvidia, and Target Set to Report
This week, investors should keep an eye on earnings reports from several key players, including $Palo Alto Networks(PANW.US$, $Target(TGT.US$, and $NVIDIA(NVDA.US$
$Palo Alto Networks(PANW.US$ is expected to report a “solid quarter overall” for the quarter ended April 30, 2024, analysts at Bank of America believe. The cyberse...
This week, investors should keep an eye on earnings reports from several key players, including $Palo Alto Networks(PANW.US$, $Target(TGT.US$, and $NVIDIA(NVDA.US$
$Palo Alto Networks(PANW.US$ is expected to report a “solid quarter overall” for the quarter ended April 30, 2024, analysts at Bank of America believe. The cyberse...
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There has always been a saying in the stock market that the Five Poor, the Six Terrible, and the Seven Turns Out. However, the author still believes that a brief downgrade/pullback for good companies is inevitable, so they will not deliberately open positions in May.
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
...
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
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$Faraday Future Intelligent Electric Inc. (FFIE.US)$, a firm attempting to build and sell ultraluxury EVs, saw its stock climb more than 7,000% in the past week after investors jumped into heavily shorted stocks.
On Friday, 0DTE options for FFIE pulled in enough volume to bring the stock to the top seven equities in the entire market by options volume. According to Barron's and FactSet, the firm's stock this week was one of the most shorted...
On Friday, 0DTE options for FFIE pulled in enough volume to bring the stock to the top seven equities in the entire market by options volume. According to Barron's and FactSet, the firm's stock this week was one of the most shorted...
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Morning mooers! The markets are bursting to all time highs, the $Dow Jones Industrial Average(.DJI.US$ just burst through 40k for the first time, up about 0.2% after Noon EST.
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart(WMT.US$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop(GME.US$ pulle...
Meme stocks are falling back to earth, here are stories about the moving stock market today.
$Walmart(WMT.US$ climbed 5% after the firm's morning earnings beat, posting a revenue that grew 6%. The stock led the S&P 500 and Dow Jones in gainers.
$GameStop(GME.US$ pulle...
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